January 16, 2025/InvestmentOne Report The NGXASI advanced by 0.09% today to close at 102,183.06pts as the bullish sentiments witnessed in DANGSUGAR (+9.90%), DANGCEM (+3.12%) and GTCO (-1.13%) drove the local bourse into the green. In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by the gains […]
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NGXASI Dips 1.47%, Dragged by DANGCEM, GTCO, WAPIC
January 15, 2025/InvestmentOne Report The NGXASI declined further by 1.47% today to close at 102,095.95pts as the bearish sentiment seen in DANGCEM (-9.99%), WAPIC (-9.57%) and GTCO (-1.04%) drove the local equities market into the negative region. In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven […]
AFC Successfully Priced Inaugural Hybrid Bond Raising $500 Million for Transformative Infrastructure Projects
Priced at a coupon of 7.50% with no fixed maturity, AFC’s maiden perpetual bond attracted robust demand, peaking at US$1.1 billion in orders, and closed with 1.5 times oversubscription January 15, 2025/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully priced a US$500 million perpetual hybrid […]
